The Office of Foreign Assets Control this week sanctioned two people and three entities in Russia for helping to transfer weapons and other military items from North Korea, including shipments of mortars, military communications equipment and aviation parts.
The Office of Foreign Assets Control this week sanctioned two people and three entities in Russia for helping to transfer weapons and other military items from North Korea, including shipments of mortars, military communications equipment and aviation parts.
The Office of Foreign Assets Control is updating the scope of an Iran-related general license to limit the computing power threshold for laptops, tablets and other personal computing devices that can be exported or reexported to Iran. The agency also revised its Iranian Transactions and Sanctions Regulations to make “additional conforming changes.”
A recent U.K. Supreme Court ruling could have implications for how certain sanctions-related payment issues are treated under force majeure clauses in contracts.
The Office of Foreign Assets Control this week sanctioned Ali Yagoub Gibril and Osman Mohamed Hamid Mohamed, two military officers with the Rapid Support Forces, a warring group that has contributed to conflict in Sudan. OFAC designated Gibril for being the RSF Central Darfur commander and Osman Mohamed Hamid Mohamed for being an RSF major general and the group’s head of operations. The agency said RSF began attacks in North Darfur last month, which have “caused dozens of civilian casualties, including children.”
The Office of Foreign Assets Control this week sanctioned three Nicaragua-based entities for their ties to Russia or for earning revenue for President Daniel Ortega’s regime. The designations target the Training Center of the Russian Ministry of Internal Affairs (RTC) in Managua, a subdivision of the Russian government’s Ministry of Internal Affairs, as well as Compania Minera Internacional, Sociedad Anonima (COMINTSA) and Capital Mining Investment Nicaragua, Sociedad Anonima (Capital Mining), gold companies that generate revenue for the government.
Flywire, a U.S.-headquartered global payments company, may have violated U.S. sanctions against Cuba, Iran or Syria, it told the Office of Foreign Assets Control.
The Office of Foreign Assets Control this week designated Russian national Dmitrii Aleksandrovich Beloglazovand and three of his companies for their involvement in a scheme to help Russian oligarch Oleg Deripaska evade U.S. sanctions. OFAC said the scheme was meant to unfreeze more than $1.5 billion worth of shares belonging to Deripaska.
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Sanctions and export control attorney Keil Ritterpusch has joined Buchanan Ingeroll as a shareholder in the international trade and national security practice group, the firm announced May 13. Ritterpusch has worked across the defense, aerospace and software sectors and has helped clients put in place compliance programs involving the International Traffic in Arms Regulations, Export Administration Regulations, Foreign Trade Regulations, Office of Foreign Assets Control regulations and Foreign Corrupt Practices Act requirements.